Advantage Credit Union Rochester NY | Quick Personal Loans & Checking Accounts

Introduction

Welcome to Advantage, your trusted financial partner located at 38 Lomb Memorial Dr, Rochester, NY 14623. Since our establishment in 1975, we have proudly served our community with a commitment to providing excellent banking solutions tailored to meet your needs. With a strong membership base of 34,794 and total assets reaching an impressive $479,479,260, we are dedicated to fostering financial well-being for all our members. At Advantage, we understand that financial decisions can be overwhelming. That's why we offer a variety of services including personal banking, auto loans, mortgage financing, and business banking. Our goal is to empower you with the right tools for financial success. Whether you're looking to save for the future or seeking assistance with loans our expert team is here to guide you every step of the way. While members can visit us at our branch address, official correspondence should be sent to 1975 Buffalo Rd, Rochester, NY 14624. Our friendly staff is ready to assist you from Monday through Friday, 8:30 AM to 4 PM. Under the leadership of our CEO, Jeff Bocach, and Board President Tom Yale, we are committed to maintaining a strong financial foundation with total deposits of $17,261,372 and net worth of $44,790,908. We invite you to explore all that Advantage has to offer by visiting our website at advantagefcu.org. If you have any questions or need assistance, don't hesitate to reach out at 585-454-5900. Join us today and experience the difference that comes with being part of a community-focused credit union!

Branch History & Mission

At Advantage, located at 38 Lomb Memorial Dr in Rochester, NY, we pride ourselves on a legacy that began in 1975. Over the years, we have grown from a small credit union into a vital financial institution serving over 34,794 members. With total assets amounting to $479,479,260, we remain committed to providing exceptional financial services and community support. Our mission is simple yet powerful: to enrich the lives of our members and the communities we serve. We believe in offering accessible financial solutions tailored to meet the unique needs of each member while fostering a spirit of collaboration and community engagement. From personal banking options such as checking and savings accounts to auto loans, mortgage refinancing, and credit cards with rewards, our diverse range of services ensures that every member can find what they need. Since our doors opened nearly five decades ago, we've embraced change and innovation. Our digital advancements include online banking and mobile application access, allowing members to manage their finances conveniently from anywhere. We also prioritize ADA compliance, ensuring that everyone can access our services without barriers. While members can visit us at our branch location in Rochester, official correspondence should be sent to our mailing address at 1975 Buffalo Rd, Rochester, NY 14624. Our operating hours are Monday through Friday from 8:30 AM to 4 PM. Although we do not offer drive-thru service at this branch, we provide ATM availability for easy cash access. Advantage is more than just a credit union; we actively participate in community outreach efforts and partnerships aimed at strengthening local initiatives. Whether it's through financial education workshops or supporting local charities, we strive to make a positive impact on the lives of those around us. Join us today at Advantage! Experience firsthand the benefits of membership and discover how we can help you achieve your financial goals while being part of a supportive community. For more information or to become a member, visit us online at advantagefcu.org or call us at 585-454-5900. Together, let's build a brighter future!

Branch Location & Accessibility

Accessibility Features

At Advantage, we prioritize accessibility for all our members. Our branch is equipped with ADA-compliant features, including ramps and designated parking spaces. You can rest assured that your visit will be comfortable and welcoming.

Operating Hours

We're here for you Monday through Friday from 8:30 AM to 4 PM. Whether you need assistance with personal banking or are looking into auto loans and refinancing options, our team is ready to help during these hours.

Services Offered

Our services cover everything from checking and savings accounts to auto loans and credit cards with rewards. Plus, we provide ATM services for quick cash withdrawals and balance checks. While we don't have drive-thru service available at this location, our shared service center allows basic transactions for partner credit union members. If you have any questions or need assistance, feel free to give us a call at 585-454-5900. We're excited to serve you! Come visit us soon and see how we can help make your banking experience better!

Member Eligibility

At Advantage, we believe that becoming a member means joining a caring community where your financial well-being is our priority. If you're interested in joining us, the eligibility requirements are straightforward and welcoming. Generally, membership is open to anyone who lives, works, worships, or attends school in the Rochester area. We aim to be inclusive and supportive, providing everyone with access to a range of financial services tailored to your needs. You can find all the specific details about eligibility by visiting our website at http://www.advantagefcu.org/banking/membership/. Once you know you're eligible, opening an account with us is a breeze! We've made the process simple and user-friendly, so you can start enjoying the benefits of being a member right away. For more information on how to open an account, check out https://www.advantagefcu.org/loans/apply-for-a-loan/. If you have any questions or need assistance, feel free to give us a call at (585) 454-5900. We can't wait to welcome you into our family at Advantage, located at 38 Lomb Memorial Dr Rochester Ny 14623!

Business Banking & Commercial Services

Merchant Services That Matter

In addition to loans, our merchant services are designed to simplify everyday transactions. Imagine processing payments effortlessly while focusing on what you do best growing your business. Our solutions help ensure you can accept payments easily, manage cash flow effectively, and enhance customer satisfaction. Visit us at 38 Lomb Memorial Dr Rochester Ny 14623 in Rochester, NY, or call us at (585) 454-5900 to learn how we can help your business thrive!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM Services & Shared Branching

Need cash? Our branch provides ATM services for quick withdrawals and balance checks. Plus, through our partnership with other credit unions, we offer basic shared branch transactions for deposits and withdrawals if you're ever away from home. With our friendly staff ready to assist you at every turn, Advantage is committed to making banking as simple as possible. If you have any questions about our services or want assistance with account setup, don't hesitate to call us at 585-454-5900 during our lobby hours from Monday through Friday 8:30 AM to 4 PM.

Business Banking

For entrepreneurs and small business owners, our business banking services include essential tools like merchant services and business loans. We understand the unique challenges businesses face, and we're here to help you succeed with customized financial solutions.

Credit Cards & Rewards

Our credit cards with rewards offer more than just a way to pay; they give you the opportunity to earn while you spend. Imagine earning points on purchases that could lead to exciting rewards or cash back it's all part of how we strive to enhance your financial experience.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features that allow you to manage your accounts anytime, anywhere. You can easily check your balance, transfer funds, and even make payments right from your smartphone or computer.

Get Started Today!

We invite you to explore all that Advantage has to offer by visiting us or checking out our website at Advantage FCU. Join us today and take the first step towards achieving your financial dreams!

Personal Banking

Managing your finances has never been easier with our comprehensive personal banking options. From checking and savings accounts that help you manage everyday expenses to auto loans and vehicle financing that make purchasing a new car straightforward, we aim to support your financial goals. If homeownership is on your mind, consider our mortgage loans and refinancing options designed to fit various budgets and lifestyles. For those unexpected expenses or to consolidate debt, our personal loans can provide the flexibility you need.

Digital & Online Banking

Convenient Features

One of the standout features is our electronic signature authorization, which makes signing documents a breeze. No more printing or mailing; just sign electronically and move forward with ease. Plus, with e-statements available, you can view your financial statements online whenever you like helping you stay organized while reducing paper clutter. If you're always on the go, our mobile application is here to help. It's user-friendly and lets you perform nearly all banking tasks right from your smartphone. Whether it's checking your balance or making person-to-person transfers with friends or family, our app makes it simple and convenient.

Security You Can Trust

We prioritize your security. Our online banking services are equipped with advanced security measures to keep your personal information safe while you bank from home or on the move. With tools like two-factor authentication and encryption, you can rest assured that your accounts are protected. In addition, if you're interested in making payments directly from your mobile device, we offer a mobile payments feature that streamlines transactions for everyday purchases though please note that this feature is currently not available. At Advantage, we're committed to providing a reliable banking experience tailored to your lifestyle. Join us today and take control of your finances in a safe and convenient way!

Financial Strength

At Advantage, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial position, which reflects our commitment to serving you reliably and effectively. With a net worth of $44,790,908, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 933 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $64,418,467 in share certificates and $46,476,469 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $17,563,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $43,373,720 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; with $33,850,355 in total loans and leases, including $7,092 in used auto loans supporting your financial goals across various sectors. Our net income of $291,027 reflects our operational efficiency. This allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 93 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments): $21,375. Total Share Accounts: 64,261, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Advantage is your trusted partner. Visit us at 38 Lomb Memorial Dr Rochester Ny 14623 or call 585-454-5900 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans provide some of the lowest rates in the industry. We have already facilitated $45,067,357 in new vehicle loans and $85,884,454 in used vehicle loans to help our members hit the road with confidence. Whether you're eyeing a brand-new model or a reliable used option, we have financing solutions that make your purchase easier.

Business Financing

For business owners looking for capital to grow and expand their ventures, we currently do not have outstanding commercial loans available. However, we're committed to supporting local businesses in every way possible. At Advantage, we prioritize making loan processes simple and efficient. If you have questions about eligibility or want to explore refinancing options for any of our loan products, please don't hesitate to reach out. For more information or to apply for a loan today, call us at 585-454-5900 or visit our website at Advantage FCU. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $35,520,760 in loans helping members manage their finances effectively. Our credit card options come with rewards and benefits designed to fit your lifestyle and spending habits.

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $89,768,697. We make buying or refinancing straightforward and accessible for all our members. If you're considering refinancing your existing mortgage, we can help guide you through that process as well.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers are sourced from legitimate financial institutions, ensuring transparency in what you can expect. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions its goal is to provide unbiased results. Every user has equal access to the best available rates. - Real-Time Rate Comparisons: The platform updates loan rates regularly from multiple institutions, allowing you to make informed decisions quickly and easily. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback reflects the platform's commitment to helping users save money while ensuring they get the best deals available. If you're ready to find competitive loan rates tailored to your needs, compare real-time offers today at LendMesh. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Ensuring Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing its data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This means that every offer you see is fair and transparent. By working exclusively with verified financial institutions, LendMesh guarantees that users receive legitimate loan offers that reflect current market conditions.

Advantage